ATQ is pleased to have been appointed as an approved provider under the Big Potential Advanced Fund.
ATQ an approved provider for Big Potential Advanced Fund and IRF Round 2

ATQ is pleased to have been appointed as an approved provider under the Big Potential Advanced Fund.  Already an approved provider under the Breakthrough Fund (see below), we are now able to support ventures through the £10m Advanced Fund which provides larger grants of between £50,000 and £150,000 to support VCSEs that have better developed plans to raise social investment or pursue major contract opportunities. Further details are on our dedicated Big Potential page here.

ATQ is also delighted to have been re-appointed as a provider under the Impact Readiness Fund. The IRF was piloted last year, and ATQ successfully provided support through the Fund to both a cohort of three ventures and a stand-alone venture. The Fund has now re-opened for applications until January 2016. 
ATQ appointed an approved provider under the Big Potential and Impact Readiness Funds

ATQ is pleased to have been appointed as an approved provider under both the Big Potential Breakthrough and Impact Readiness Funds.  These provide grants to help voluntary, community and social enterprise organisations (VSCEs) buy in specialist technical support for investment and impact readiness.

The £10m Big Potential Fund is aimed at eligible
VCSEs to improve their sustainability, capacity and scale and help them deliver greater social impact for communities across England.  VCSEs can apply for grants between £20,000 and £75,000 in total to undertake investment readiness work with an approved provider such as ATQ.

The Impact Readiness Fund (IRF) is a new pilot fund through which
grants between £15,000 and £150,000 will be available to help ventures build infrastructure and skills required to manage their performance, increase their social impact, and attract social investment / win contracts, again working with approved providers.

If you are interested in the Big Potential Fund please visit our dedicated Big Potential page or contact one of our team.  If interested in the IRF please contact one of our team as soon as possible as applications to the Fund close on 16th January 2015.


Ecorys and ATQ appointed to evaluate the Commissioning Better Outcomes Fund

ATQ is delighted to have been appointed by The Big Lottery Fund, alongside leading research consultancy Ecorys, to evaluate the Commissioning Better Outcomes (CBO) fund.  The CBO aims to support the development of Social Impact Bonds and similar financial mechanisms through development grants and co-commissioning payments.

This ground-breaking nine year project will evaluate the development and impact of SIBs both funded by the CBO and beyond. The method includes consultations and surveys with commissioners, stakeholders and investors, a range of 'deep dives' and case studies with areas introducing SIBs, and collating management information to understand the impact of the SIBs both on beneficiaries and on the wider SIB landscape.

Ecorys will be leading the project and chose ATQ as its partner to provide the deep understanding of SIBs needed to undertake the evaluation of development processes that will be an important part for the project

For more information on ATQ’s support to this project please contact Neil Stanworth at neil@atqconsultants.co.uk.

ATQ appointed to provide business development support to rehabilitation social action providers

ATQ has been engaged by the Cabinet Office to provide business planning and development support to charities and social enterprises which use social action to reduce offending.

As announced on February 6th, the Cabinet Office, through the Centre for Social Action and the Rehabilitation Social Action Fund (RSAF) has awarded 2.4m to twelve VCSE organisations to enable them to scale up social action programmes which aim to prevent or reduce offending.  ATQ has been separately contracted by the Cabinet Office to provide business planning and development support to the RSAF grant recipients, and help them ensure that their programmes can be expanded and sustained - for example by securing new contracts.

A key feature of the support we are providing is that it is highly tailored to the needs of very different organisations in terms of size, client groups and the types of social action that they are providing, as well as their current capacity and support needs.

For further details please contact Neil Stanworth, project leader.

New funding for Social Impact Bonds - including development grants

BIG Lottery has launched a new Commissioning Better Outcomes Fund which will provide up to £40m to support the commissioning of new Social Impact Bonds.  What is exciting is that for the first time between £3m and £4m has been earmarked for development grants for commissioners to get specialist advice to carry out SIB feasibility work.  Local authorities and other commissioners will have to submit a successful expression of interest (EoI) to get access to grants, but we think this could be a game-changer in the development of new SIBs - to find out why, read our latest blog post
here.  Or contact us if you want to know more about how we can help you identify options and get through the EoI process.

ATQ approved under Essex Dynamic Purchasing System to provide social investment services

ATQ has been selected by Essex County Council as one of a number of consultancies who will be invited to tender, through a Dynamic Purchasing System (DPS), to provide consultancy services to assist in the development of projects funded through social investment.  ATQ is very pleased to be part of this DPS which demonstrates our proven capability in the social investment consultancy market.  

Recent projects

Over the summer of 2013 ATQ has successfully completed a number of projects for both public and private sector clients.  Through these projects we have continued to demonstrate our ability to provide expert support to commissioners, providers and investors across a wide range of services.

Social investment and payment by results

Cardiff Council - we recently completed a social impact bond feasibility study for Cardiff Council. In what we believe is the first study of its kind in the principality, we examined the feasibility of using a Social Impact Bond or similar approach to enable looked after children to be accommodated in foster care or other family placements rather than in residential care. We developed a detailed financial and business case for the proposed SIB and also provided advice and recommendations on how best to proceed with a procurement

Advance Housing and Support - We have been working with this major third sector provider to test whether the interventions that it provides for vulnerable adults with challenging behaviour, could be commissioned and funded using a Social Impact Bond type approach

Social investment fund – we reviewed the options for a major public services provider to establish a social impact investment fund. The options, ranging from an in-house banking facility through to an outsourced professional fund management operation, were analysed in a workshop. A final recommendation was made to the Group Board and accepted for implementation

Commercial due diligence

Montagu Private Equity acquisition of Clinisys – we provided commercial due diligence support to the Montagu team with its evaluation of Clinisys. In a tight timeframe, we completed detailed primary research and analysis of the driving forces and trends impacting Clinisys’s markets, its competitive position and its capacity and capability to deliver on its forecast business plan. Montagu’s acquisition of Clinisys from ECI was completed in an accelerated process in July 2013. 

Civica – on behalf of a potential investor, we led a full review of the driving forces and trends affecting the UK public sector markets for Civica’s software and services as well as a high level analysis of its competitive positioning. We analysed the implications for its business plan and highlighted risk areas that required further investigation in subsequent due diligence phases.

ATQ appointed a provider under the Investment and Contract Readiness Fund

We are delighted to announce that we are now an approved provider for the Investment and Contract Readiness Fund. The ICR Fund provides grants to social ventures for the purchase of investment and/or contract readiness support which means that funding may be available to help you meet the cost of our fees (and other advisor costs) if we are helping you raise investment or bid for a government contract. The ICR Fund is managed by The Social Investment Business (SIB). You can find out more about the Fund at
www.beinvestmentready.org.uk or about how we can support you through the Fund at http://www.beinvestmentready.org.uk/social-ventures/find/.If you want to speak to ATQ in more detail about how we can help you raise investment or bid for a government contract, please use our contact details.